manufacturing job cuts subsidies put industry in the spotlight

The value of government subsidies for the industry has been called into question in the wake of job cuts at Ford and Holden.Chanel Bags On Sale Australian manufacturers have received billions of dollars in aid for the year. But manufacturing is not the only sector has stalled, and many other industries that accept government assistance - such as fashion and textiles - to tell success stories. The Australian fashion industry is facing stiff competition from online retailers and international. Last year, the high-end labels were manipulated with more than $ 20 million in government grants. But support was not enough to save designers such as Lisa Ho and Ojay Lisa Ho took nearly $ 200,000 taxpayer subsidies before collapsing last month. The chairman of the textile and fashion from Australia, Michel Abeysekera said that the industry is facing unprecedented challenges. "Recently we have had the introduction of large international retailers ... in this market," he said. "We also had players online are big time. "Some of them take a million dollars a day in this market." But this is not a one-size-fits-all position. Other designers like Scanlan & Theodore and Anthea Crawford raised about $ 400,000 each and they stay afloat. "Australian designers are world class," said Mr. Abeysekera. "There are large fan base to some of our creators and innovators. "The best way government can help, it's really going to help, educate, assist in marketing at the international level." Family business Textor Technologies is another success in the textile industry. With a strong focus on technology and partnership with CSIRO, the company has to deliver in Melbourne the apparel industry worldwide healthcare market. The company has recently created what he says is the absorbing layer fabric. Company Director Phil Butler is a member of the production group leader of the federal government. "Subsidies and support we have received has enabled us to take advantage of, and I think this is a really important word," he said. "We were able to take advantage of the new equipment, new processes to enable us to meet these challenges. "I mean, the money where it is, you gotta do something. Doing nothing is a formula for disaster." Economy leaders say the announcement of job cuts and Ford's decision to stop production of the Australian Holden is no evidence that government subsidies do not work. Roy Green, dean of Economics at UTS, says maintaining subsidies go automaker. "It's never quite lost, because it kept people in jobs position, he helped many sellers in a high-cost environment," he said.Chanel Bags 0utlet